Friday, May 2, 2014

Lesson 1

Experience: The main experience I wish to remember this week was reading and watching the videos in the “Business in a Global Environment” powerpoint. During these past two weeks I also spent a lot of time trying to figure out the CapSim program and getting used to how it works and is played.
Reflection: Looking back, I see that I have already come a long way into understanding the CapSim program. At first, I made so many mistakes like filling out the wrong programs and repeating the same tutorials over and over. I continually reminded myself to trust the instructor and what other students had said about not worrying if you don’t understand it right away. It will come slowly but surely. Finally, after watching the adobe connect recording, it is finally making a bit of sense to me. Concerning the other material, it all came very naturally to me (mainly because we’re going over the exact same stuff in both my accounting and economics classes). I never thought that I would be learning the same principles in classes that are so varied. It gives me many opportunities to reflect and apply what I learned in one class to help me in another.
Identify Key Learning: The Guy Kawasaki videos really stood out to me because it taught me what my main goal in business should be. He said that as entrepreneurs we need to make meaning by either righting a wrong, preventing something good from ending, or improve the lives of others. I wish to always remember when he explained that if we try to make meaning we will make money, but if we try to make money we will not make meaning or money. Even if this is a bit naïve, I think it is a wonderful idea for anyone not only in business but in life as well. This is a key lesson for me because I know it will help me in my future endeavors as a business owner. I will be able to look back on my learning and remember the insights I had to make me a better entrepreneur. Other key learnings were about the U.S. GDP and our trading with other countries. I spent a while just exploring the suggested websites on the powerpoint and become fascinated with what they had to offer in terms of information.
Action Planning: Because I have learned these great things this week, I plan to first write them down in my learning blog http://paigeentrepreneur.blogspot.com. By doing this, these lessons will always be easily accessible to me whenever I am in need of insight or guidance. Next, I have decided to create my own mantra, like Guy Kawasaki suggested. However, because I don’t have a start-up business yet, I plan on writing a mantra for my own life. I want to take a few days, think about my life/studies/goals and really think about which few words best describe my essence. I will give myself a time limit of one week and post my final manta on my blog by next Friday at 10 pm.

Applying: I am creating this project for myself to help guide myself through life and business. I want to be able to create a personal mantra which will always be an inspiration to me and what I believe in. I hope this will help me determine what I want to do in life and who exactly I want to be. But, more importantly, I hope my mantra will always remind me of who I am and what I stand for. I will monitor my success by actually writing it down by the given time and having my family members give input of how well it describes me. To help me follow through, I plan to set aside 15 minutes each day to ponder about my mantra. I will take a walk to the beach every morning at 8 and spend that time in thought. I will bring a notepad and write down my rough drafts and finally come up with my lasting mantra.